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FintechOS plans to expand sales and technical teams to reach break-even in 2024. The company is coming to Banking 4.0

26 septembrie 2024

Product development specialists are primarily sought for the Romanian office, while sales specialists in Western Europe, particularly the UK office.

FintechOS, an end-to-end financial product management platform, plans to recruit sales specialists for Western Europe and software development experts in Romania. The move comes after the company attracted a $60 million round this year and is part of its plan to strengthen its position globally and reach break-even in 2024.

FintechOS employs approximately 200 people, over half of whom are technical staff, including programmers, cloud specialists, systems architects, systems integration experts, and solution consultants. The remaining employees are distributed across sales, consulting, project management, and support roles in finance, legal, and human resources.

FintechOS operates globally. Most employees are based in Romania, primarily supporting software product development and delivery.In the UK and USA, the focus is on sales, marketing, and customer service activities.

„The recent investment has given us the confidence to continue building what we started. It has also brought us extra stability, which is huge for a scale-up because people have felt this investment is their own success. We will be investing some of the money we received in the last round in recruitment, focusing on a few key roles, particularly in the sales area, where it is also the hardest to identify the right people for our business needs. To achieve our ambitious plans to reach break-even and profitability, we must invest in salespeople and the product and deployment area, ” said Alexandra Stoiean, Vice President of People FintechOS.

FintechOS aims to break-even this year. The company has secured over 50 key customers, including Société Générale, Admiral, Benenden Health, Avant Money, and Vibrant Credit Union, spanning the banking and insurance sectors in the US, UK, Continental Europe, and the Asia-Pacific (APAC) region.

FintechOS’ key HR goals include attracting new talent, strengthening its employer brand, and ensuring long-term retention of valued employees. „Alongside recruiting top sales and product development specialists, the company prioritizes building its brand as an employer and retaining talent. A major draw for candidates is the opportunity to work at an international growth company, where they can take on diverse and dynamic roles.” – the company said.

„We generally attract people with initiative, who are committed and responsible, often coming from larger, well-established organizations. These people come with the expertise that we need to grow, and they feel that their work matters enormously and they see that they have the opportunity to evolve in the organization. When I say evolve, I’m mostly talking about absorbing and being exposed to a role or many roles where you can wear multiple hats. We are an organization for those who want such roles and enjoy exposure to diverse situations. Of course, growing also means growing vertical expertise in terms of your role. Incidentally, we have people who, two or three years ago, joined the team as juniors and now lead certain areas of the company”, explained Alexandra Stoiean.

Many employees have recognized that their job security is increasingly based on their performance rather than company size, empowering them to take control of their success. This mindset highlights opportunities and challenges in any environment and excelling in their roles can provide greater stability and growth.

„We now have a mature candidate market where candidates’ expectations are much more realistic this year. Two years ago, almost any recruitment became an intense effort to identify and attract candidates. In general, the IT market has been significantly affected globally. Yes, it is better for recruiters when we look at certain roles, and people are more open to talking, but, on the other hand, people are also more scared and conscious of job security. At the same time, people have educated themselves, and many have realized that their safety depends much more on performance and not necessarily on the company’s size and that risks exist everywhere,” said the FintechOS Vice President.

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Alexandra Stoiean has 15 years of HR experience in technology companies, HR consulting, and advertising. She joined FintechOS in January 2020 as Head of Talent Acquisition. In January 2022, she was promoted to Global Director—Talent Acquisition & Employer Branding. From December 2022, she was appointed Vice President of People.

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Anders Olofsson – former Head of Payments Finastra

Banking 4.0 – „how was the experience for you”

So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”

Many more interesting quotes in the video below:

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In 23 septembrie 2019, BNR a anuntat infiintarea unui Fintech Innovation Hub pentru a sustine inovatia in domeniul serviciilor financiare si de plata. In acest sens, care credeti ca ar trebui sa fie urmatorul pas al bancii centrale?